JPMorgan Chase: Thị trường chứng khoán dự kiến sẽ vẫn chịu áp lực và Fed dự kiến sẽ nới lỏng chính sách một cách thụ động

The stock market may continue to be under pressure due to the slowdown in economic activity, the decline in bond yields, and the downward revision of profit expectations, according to JPMorgan strategists. “We remain cautious about the stock market and expect a phase where ‘bad news is bad news’ is about to come,” wrote Mislav Matejka in the report. “In this context, risk trading should not be conducted.” Strategists point out that the Fed will begin to ease policies, but it will respond in a passive manner to the weakness, which may not be enough to drive the rebound.